List of Flash News about shadow banking
| Time | Details |
|---|---|
| 11:11 |
Wall Street Giants Plan Legal Action Against Crypto Shadow Banking
According to @BullTheoryio, major Wall Street banks including JPMorgan Chase and Goldman Sachs are reportedly preparing to sue the U.S. government to prevent crypto firms from functioning as 'shadow banks.' This potential legal action stems from a new regulatory rule that could enable cryptocurrency companies to operate in a manner similar to traditional banking institutions. This development could significantly impact the crypto industry, especially in terms of regulatory landscape and institutional participation. |
